My experience shows, the answer to this questions all depends where you live. I would love to do some research for you and send you an email that will tell you what homes are for sale now, what homes have sold recently and how long homes are taking to sell in your neighborhood. This way, you can feel secure in the knowledge that you have the most accurate information. This timely information will tell you right away how your market is right now, and that's the most important thing!... more
Prices ranges are, by and large, narrowing around an average that hasn't moved much over the past few years. On average, prices are about 5% lower than they were about a year ago, but only 3-4% lower than they were 3 years ago. Prices are actually up 37% from what they were 5 years ago.
Volume is down by about 50% from 5 years ago and about 33% from 3 years ago.... more